LGIM's Helena Morrissey unveils GIRL fund targeting companies with high gender diversity

Championed by Helena Morrissey

L&G Investment Management has developed a proprietary index that will form the basis of its first gender-oriented fund, the L&G Future World Gender in Leadership (GIRL) UK Index fund.

Helena Morrissey, head of personal investing at the group and chair of the Diversity Project, has worked with the corporate governance team including Sacha Sadan, director of corporate governance, Clare Payn, head of corporate governance, North America, and David Barron head of index equity and smart-beta and manager of the fund, to develop a UK mandate that will allocate more to companies that have achieved higher levels of gender diversity. At a launch event this morning attended by Investment Week, Morrissey said: "Gender inequality has been a key issue of our time creating despondenc...